Etsy (NASDAQ:ETSY) Price Target Lowered to $47.00 at Wells Fargo & Company

Etsy (NASDAQ:ETSY) had its price target lowered by Wells Fargo & Company from $52.00 to $47.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “underweight” rating on the specialty retailer’s stock. Wells Fargo & Company‘s price objective suggests a potential downside of 10.96% from the stock’s previous close.

Several other research analysts also recently issued reports on ETSY. B. Riley Financial lowered their price target on shares of Etsy from $78.00 to $70.00 and set a “buy” rating for the company in a report on Friday. The Goldman Sachs Group increased their target price on Etsy from $48.00 to $57.00 and gave the company a “sell” rating in a research report on Thursday, October 30th. BNP Paribas Exane initiated coverage on shares of Etsy in a research report on Monday, November 24th. They set a “neutral” rating on the stock. Canaccord Genuity Group set a $72.00 target price on Etsy in a research note on Friday. Finally, Wedbush cut their price target on shares of Etsy from $72.00 to $66.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $61.40.

Etsy Stock Performance

Shares of Etsy stock traded up $4.65 during midday trading on Friday, hitting $52.79. 5,518,173 shares of the company traded hands, compared to its average volume of 4,058,519. The firm’s fifty day moving average price is $55.66 and its 200-day moving average price is $59.49. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 42.42, a PEG ratio of 10.65 and a beta of 1.77. Etsy has a 12 month low of $40.05 and a 12 month high of $76.51.

Etsy declared that its board has initiated a share repurchase program on Thursday, December 18th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the specialty retailer to reacquire up to 14.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Etsy

In related news, CAO Merilee Buckley sold 5,636 shares of Etsy stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $58.45, for a total transaction of $329,424.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Josh Silverman sold 21,666 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $53.26, for a total value of $1,153,931.16. Following the sale, the insider owned 90,661 shares of the company’s stock, valued at approximately $4,828,604.86. This represents a 19.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 135,934 shares of company stock valued at $7,661,068. 2.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Etsy

A number of institutional investors have recently added to or reduced their stakes in the stock. Heritage Wealth Advisors boosted its stake in shares of Etsy by 476.5% during the 2nd quarter. Heritage Wealth Advisors now owns 490 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 405 shares in the last quarter. EFG International AG acquired a new position in Etsy in the 4th quarter valued at $33,000. Elevation Point Wealth Partners LLC purchased a new position in Etsy in the second quarter worth $35,000. Employees Retirement System of Texas acquired a new stake in shares of Etsy during the 2nd quarter valued at approximately $47,000. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Etsy by 12,600.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 762 shares of the specialty retailer’s stock worth $51,000 after acquiring an additional 756 shares in the last quarter. Institutional investors own 99.53% of the company’s stock.

More Etsy News

Here are the key news stories impacting Etsy this week:

• Positive Sentiment: Sale of Depop to eBay for $1.2B in cash — provides >$1B of liquidity, lets Etsy refocus on its core marketplace and was the main rally catalyst. CNBC: eBay buying Depop from Etsy
• Positive Sentiment: Q4 beat on EPS and revenues with early signs of stabilization (slight YoY GMS growth and ad strength) which helped investors look past near‑term demand softness. PR Newswire: Etsy Q4 and FY2025 results
• Positive Sentiment: Board buyback capacity — company previously authorized up to $750M in repurchases, which supports buyback optionality and signals management’s view on valuation. MarketBeat: ETSY trading summary
• Positive Sentiment: Analyst support from Truist (PT raised to $83, buy) and continued buy ratings from some shops reinforce upside narratives for selective investors. StreetInsider: Truist PT raise
• Positive Sentiment: Broader e‑commerce tailwind after Supreme Court tariff ruling boosted multiple online retailers, lifting sector sentiment. CNBC: Supreme Court tariffs ruling
• Neutral Sentiment: UBS maintained a Hold, saying the Depop divestiture improves profitability but modest GMS growth and a valuation reset justify caution. TipRanks: UBS commentary
• Neutral Sentiment: Technical/short‑interest dynamics amplified the move — elevated short interest produced a squeeze component, so part of the rally may be transient. Benzinga: short interest note
• Negative Sentiment: Multiple analyst trims — Morgan Stanley, Stifel and Cantor Fitzgerald cut price targets/ratings this week, signaling medium‑term growth and valuation concerns. MarketScreener: Morgan Stanley cut
• Negative Sentiment: Mixed Q4 fundamentals — revenue roughly inline but margins/profitability fell YoY, supporting views of a valuation reset and tempering enthusiasm. WSJ: profit vs revenue note
• Negative Sentiment: Insider sale disclosed (director sold 300 shares) — small transaction but noted by market watchers as a minor negative datapoint. SEC Form 4: director sale

About Etsy

Etsy, Inc (NASDAQ: ETSY) operates a global e-commerce marketplace focused on handmade, vintage and unique goods. The platform connects individual artisans, small businesses and collectors with buyers seeking one-of-a-kind items, ranging from handcrafted jewelry and clothing to home décor and art supplies. Etsy’s revenue is primarily generated through listing fees, transaction fees on sales and optional seller services such as advertising and shipping labels.

Founded in 2005 and headquartered in Brooklyn, New York, Etsy has cultivated a community-driven ethos, encouraging sustainable practices and personal entrepreneurship.